September 25, 2026

NCLT approves merger of Sesa Care with Dabur India

Press release

Approval paves way for integration of the premium Ayurvedic hair care brand into Dabur

· Sesa Care is a leading Ayurvedic hair care brand.

· Complements Dabur’s existing hair care portfolio, will help tap new growth opportunities.

New Delhi, September 25, 2026: Dabur India Limited (Dabur India) today announced that the Hon’ble National Company Law Tribunal (NCLT), New Delhi Bench, in its hearing held on September 24, 2026, has sanctioned the Scheme of Amalgamation of Sesa Care Private Limited (Sesa Care) with Dabur India.

The NCLT approval marks a key milestone in the transaction first announced in October 2024 and paves the way for the integration of Sesa Care with Dabur India, subject to completion of the necessary statutory filings and other formalities.

Sesa Care is a leading brand in the Ayurvedic hair care market with strong brand equity. The merger will bring to Dabur India a premium brand with strong credentials in Ayurveda, complementing its existing portfolio and strengthening its presence in the hair care category.

Commenting on the development, Dabur India Limited Global Chief Executive Officer Mr. Mohit Malhotra said, “The NCLT approval is an important milestone in our journey with Sesa Care. Sesa Care is a premium brand with strong Ayurvedic credentials and complements our existing hair care portfolio well. We see significant potential in bringing the two businesses together and building Sesa Care into a stronger and larger brand.”

“The integration of Sesa Care is aligned with our long-term strategy of strengthening our portfolio and tapping newer growth opportunities. We will look to leverage Dabur India’s extensive distribution network, category expertise and access to key international markets to expand Sesa Care’s reach and unlock revenue and cost synergies from the combined business.” Dabur India Limited Executive Director and Group Head of Corporate Strategy Mr. Abhinav Dhall added.

As part of the transaction, first announced in October 2024, Dabur India had initially acquired 51% of the paid-up Cumulative Redeemable Preference Shares (CRPS) of Sesa Care from its existing shareholder, True North. The Scheme had earlier received the requisite approvals of Dabur India’s equity shareholders and unsecured creditors at meetings convened pursuant to the directions of the NCLT on May 2, 2026, followed by approvals from relevant regulatory authorities. The merger will become effective upon completion of the necessary statutory filings and other conditions stipulated under the Scheme.

About Dabur India Limited

Dabur India Limited is one of India's leading FMCG Companies. Building on a legacy of quality and experience for 142 years, Dabur's products today reach 8 out of every 10 Indian households, which is a testament to the trust we have built over generations. Our portfolio today includes four ₹1,000 crore-plus brands, alongside four ₹500 crore brands and 15 brands in the ₹100-500 crore range.

For Further Information, Contact:

Contact

Byas Anand

Head-Corporate Communications

Dabur India Limited

9811994902

Telephone no.

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Online Dispute Resolution (ODR)

Caution Notice

This is to notify the trade and public at large that DABUR INDIA LIMITED, (hereinafter referred to as “DABUR”), a Company incorporated under the Companies Act, 1956 having its Registered Office at 8/3, Asaf Ali Road, New Delhi – 110002 and Corporate Office Kaushambi, Ghaziabad – 201 010 (UP) INDIA, being manufacturers of wide variety of products including ayurvedic medicines, food, herbal, home care, personal care products and exclusive owners of all intellectual property rights.

Dabur Celebrate Life is a registered trademark of DABUR INDIA LIMITED.

Our attention has been drawn by certain members of the public that they have received communication(s) through e-mails/websites/telephonic calls/SMS for appointment as distributors of DABUR. We understand that certain unscrupulous person(s) has been demanding cash deposit(s) in certain specified bank(s) before such appointment. These people are also unauthorizedly using the name, trademarks and logo of DABUR with a view to tarnish the reputation of DABUR. They normally provide some similar website name to deposit the application form. On accessing the website, they force you to pay the online payment for submitting the form or they provide some bank details to deposit the payment. This is not the practice of DABUR or its group companies. So, please desist from doing so.

Similarly, we also came to know that some third parties are issuing the fake appointment letter for the confirm job in DABUR or in its group companies against some money. Please be aware of such fake appointment letter issued by deceptively similar company names and please note that these companies are not registered companies under the Companies Act 2013 and not having any relationship with DABUR and its group companies.

Please take note that DABUR or its group companies are not in any way connected/associated with these emails / phone call / SMS or websites and therefore cannot be held liable for the actions of either the perpetrators or their victims. DABUR or its group companies don’t charge money from the candidates by any mode. The public in general are also advised not to be attracted or lured by any of their communication which solicit payments and promise products or jobs.

DABUR is only dealing with trade through www.dabur.com and any person claiming themselves to be taking order for the supply of DABUR products via phone/online may be cheating with you. DABUR shall not be responsible for any order placed other than on our official website www.dabur.com

We urge the public not to be misled by such communications purportedly made by DABUR including through e-mails/WhatsApp messages/online mediums. Anyone dealing with such fake calls/websites, etc. would be doing so at his / her own risk and DABUR shall not be held responsible for any loss or damage suffered by such persons, directly or indirectly.

Should you require any further information or otherwise of such communications which you may receive, you are requested to please get in touch with our official e-mail address: corpcomm@dabur.com or our aforesaid address.